Hello traders,
Today, I want to share insights on my preferred tool for identifying strong short-term and long-term trends in EURUSD—The Adaptive Trend Finder (log). This tool employs a highly effective method utilizing Pearson correlation.
At the bottom center of the chart (in gray), you can observe the trend strength for the long-term channel, while on the right side (in yellow), you can see the trend strength for the short-term channel.
I encourage you to analyze and interpret the signals you see and share your thoughts in the comments. Let's engage in a discussion to enhance our understanding of EURUSD movements and potential trading opportunities.
Looking forward to your insights!
Happy trading! 📈